Following the collapse of the Japanese financial bubble during the 1990s, Japanese corporations came to be saddled with increasingly large underfunded pension obligations. The gap between the level of retirement benefit promised and the market performance of retirement funds widened alarmingly,...

This paper investigates the empirical determinants of the initial FDI entry decisions by Japanese firms to enter into the U.S and Taiwanese markets. The study is based on a full-sample survey of firms listed on Japanese stock exchanges and is for the period 1976-2000. We find that a number of...

We show how consumers react to incomplete information on product quality and examine incentives for wholesalers and retailers to provide consumers with real quality information, taking into account the market structure for motorcycle parts in Vietnam. We consider incentives of counterfeiters to...